Choose The Right ERP Solution For Your Complex Operations!

Odoo 10 Enterprise Provides Some Extra Features as shown Below ERP covers almost all the common functional areas like finance, HR, Sales, Manufacturing, Supply chain, Project Management etc. This helps to perform each business processes in the most effective way.

According to the nature of the business, the type of ERP varies from company to company. Some may be having the very complex business operation and managing those processes should be done with utmost care. And so choosing the right ERP which fits your business model is very crucial.

There are many benefits of using an ERP like

· Improved efficiency and quality of business processes and thus better output/result.

Provides management with correct reports which help them in decision making

Any member of the team can access the data if needed

One central database with no duplication of data that means integrated information

High security of data etc.

As there are many benefits, ERP has become an integral part of all the major organizations. As the business grows, the complexity of the processes also increases. If a new business operation comes up, you need to look for many things. Doing everything efficiently at that point in time is a hectic work. A comprehensive business model is required to accommodate all these changes and complexities.

Most of the companies go for customized ERPs which suite their business model. After analyzing the requirement of the company the engineers customize the ERP according to their need. It may include restructuring of the queries, report data, input-output etc. while customizing the most important thing which has to be taken care of is it should match and work according to the organization’s desire.

Customizing ERP has got both advantages and disadvantages. So before going for customization one should thoroughly understand what their pros and cons are. Customized ERP is more user-friendly and it gives a competitive advantage for the business.

Some important points which can be noted in order to choose the right ERP are:

Analyze the current process and your “to-be” state: That means you should first define and document your current business processes, weakness, and strengths. This analysis should also include what you think your processes should look like in the future (your "to-be" state) and the corresponding business requirements. You should find software vendors. These processes and requirements should eventually be used for potential software vendors to demonstrate their product's capabilities within the context of your business needs.

The technical fit of the particular ERP:It's also important to understand how a potential software solution will align with your current infrastructure

A realistic implementation plan should be developed: It's important to develop a comprehensive project plan that includes not just the activities required to install the software, but the ones that are required to ensure that the solution is fully functional, tested and accepted by end-users. This plan should be developed prior to your final software decision so you fully understand the cost and resource commitments required to make the project a success. Your implementation project plan should include everything from business process and workflow design to data migration, conference room pilot, multiple test iterations, and key organizational change management activities.

Track the real benefits of the new system to the business: We are using an ERP with the expectation of reducing costs, increased revenue or scale of growth etc and you should actually estimate and measure benefits against these metrics if you are going to realize the full potential of ERP.

Choose from various options available: You may be knowing only two or three ERP vendors in the market who constitute the majority of market share. But there are so many other ERP software solutions in the market with varying functionality and strength. You need to consider the options that are going to best meet their unique business requirements and sources of competitive advantage instead of choosing a solution based on brand name.

Always do a research before purchasing an ERP: Do consult with your friends, colleagues, employees or other contacts what they recommend for a company like yours. Also, use the internet to know more about the ERP other than what you are hearing from software sales rep.

Making the right choice for your ERP system will improve your business’s operations, automate most data-driven processes, and integrate your entire infrastructure. While a failed ERP implementation can be very damaging to your business.